Over 99% of power generated from renewables
Large reservoirs with a storage capacity of178.9 TWh
Installed capacity of 37,248 MW
Average cost per kWh generated of 1.93¢ in 20212
Return on equity 14.3%
Total assets of $83 billion
Average term of debt 22 years
|Rating agencies||Long-term debt||Commercial paper||Outlook/Trend|
|S&P Global Ratings||AA-||A-1+||N/A*|
|DBRS Morningstar||AA (low)||R-1 (middle)||Stable|
* S&P Global Ratings does not provide an outlook for Hydro-Québec’s credit rating.
Results and Outlook3
Investments totaled $4.2 billion in 2021.
Eight fixed-rate bond issues were made in 2021 on the Canadian capital market, at an average cost of 2.72%. The bonds will mature in 2060. These issues raised a total of $3.4 billion.
Investments in property, plant and equipment and intangible assets
- As at December 31, 2021.
- Sum of generating, procurement and sales costs, divided by net sales volume.
- Forecast data is supplied for 2022.
- Gross borrowings.
How can we help you?
For questions regarding Hydro-Québec’s financing, view our FAQ or contact the Investor Relations teamContact us
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